Buy a House
Thursday, May 12th, 2011
Hello Everyone!
What a gorgeous spring day…finally! I just wanted to forward April of 2011′s market summary reports for Tooele and Salt Lake counties to you.
Tooele County
April 1-30, 2011
Number of Homes Sold: 58
Average Sales Price: $140,239.67
Average Price Per Square Foot: $64.94
Average Days on Market: 126
Tooele County
April 1-30, 2010
Number of Homes Sold: 81
Average Sales Price: $176,765.93
Average Price Per Square Foot: $74.28
Average Days on Market: 121
The Tooele County Absorption Rate report shows we have approximately 6 1/2 months of inventory.
Salt Lake County
April 1-30, 2011
Number of Homes Sold: 906
Average Sales Price: $219,901.91
Average Price Per Square Foot: $90.27
Average Days on Market: 133
Salt Lake County
April 1-30, 2010
Number of Homes Sold: 1,171
Average Sales Price: $234,951.38
Average Price Per Square Foot: $103.22
Average Days on Market: 121
The absorption rate for Salt Lake County is approximately 5months of inventory.
If you or any one you know is looking to buy or sell real estate, have them give me a call! Also if you know of anyone having trouble making their house payments, please call me. There are many options available, and I would be happy to help you or your friend work through the tough times that they are facing so foreclosure can be avoided! If you do not wish to receive these e-mails, please send an opt-out message to
andreacahoon@remax.net. Enjoy the beautiful weather!
Andrea Cahoon, CDPE, CRS, TCRES, CNHS
RE/MAX Platinum
435-850-8167
P.S. You can view this market summary report, and others from past months at my blog located at http://inside-real-estate.com/andreacahoon/ . Interest rates are slowly rising so if you wish to refinance or purchase, now is the time!
Tags: buy a home, Buyers market, housing prices, RE/MAX, salt lake county real estate market, salt lake home sales, Salt Lake Home Values, Sell a Tooele Home, tooele home sales, tooele home values, tooele real estate market, utah home sales, Vicki Griffith, Vicki Powell
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Tuesday, April 12th, 2011
Hello Everyone!
It has hard to tell if we are in the dead of winter of if spring is on its way, I certainly hope the latter! The phones have been ringing at the real estate offices and people are anxious to move their families. Confidence seems to be returning to the market, but the prices have not seemed to turn around yet. It is still a buyer’s market for sure! Here are the latest numbers for Tooele and Salt Lake Counties:
Tooele County
March 1-31, 2011
Number of Homes Sold: 44
Average Sales Price: $151,713.00
Average Price Per Square Foot: $63.07
Average Days on Market: 141
Tooele County
March 1-13, 2010
Number of Homes Sold: 70
Average Sales Price: $157,015.93
Average Price Per Square Foot: $75.46
Average Days on Market: 119
The Tooele County Absorption Rate report shows we have approximately 8 months of inventory.
Salt Lake County
March 1-31, 2011
Number of Homes Sold: 909
Average Sales Price: $218,592.04
Average Price Per Square Foot: $91.16
Average Days on Market: 142
Salt Lake County
March 1-31, 2010
Number of Homes Sold: 1,011
Average Sales Price: $231,933.41
Average Price Per Square Foot: $102.80
Average Days on Market: 130
The absorption rate for Salt Lake County is approximately 6 months of inventory.
If you or any one you know is looking to buy or sell real estate, have them give me a call! Also if you know of anyone having trouble making their house payments, please call me. There are many options available, and I would be happy to help you or your friend work through the tough times that they are facing so foreclosure can be avoided! If you do not wish to receive these e-mails, please send an opt-out message to
andreacahoon@remax.net. Happy Easter!
Andrea Cahoon, CDPE, CRS, TCRES, CNHS
RE/MAX Platinum
435-850-8167
P.S. You can view this market summary report, and others from past months at my blog located at http://inside-real-estate.com/andreacahoon/ . Interest rates are slowly rising so if you wish to refinance or purchase, now is the time!
Tags: Buyers market, home prices, housing prices, Salt Lake Home Values, Sell a Tooele Home, tooele county homes, tooele home sales, tooele home values, tooele real estate market, utah home sales, utah real estate market
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Friday, January 7th, 2011
Happy New Year to you all!
I hope you all had a wonderful holiday season and have set your resolutions for the new year! Here are the real estate market summary reports for Tooele and Salt Lake Counties for December. Again, for reference I am including last year’s numbers as well so you can compare them to this year’s.
Tooele County
December 1-31, 2010
Number of Homes Sold: 43
Average Sales Price: $174,814.19
Average Price Per Square Foot: $69.80
Average Days on Market: 92
Tooele County
December 1-31, 2009
Number of Homes Sold: 57
Average Sales Price: $171,039.09
Average Price Per Square Foot: $79.64
Average Days on Market: 133
Tooele County Absorption Rate report shows we have approximately 9 1/2 months of inventory.
Salt Lake County
December 1-31, 2010
Number of Homes Sold: 786
Average Sales Price: $231,032.34
Average Price Per Square Foot: $94.81
Average Days on Market: 136
Salt Lake County
December 1-31, 2009
Number of Homes Sold: 885
Average Sales Price: $248,718.66
Average Price Per Square Foot: $101.85
Average Days on Market: 123
The absorption rate for Salt Lake County is approximately 7 months of inventory.
If you or anyone you know is having trouble making their house payments, please call me. There are many options available, and I would be happy to help you or your friend work through the tough times that you are facing so you can avoid foreclosure! Also, call me if there is anything I can do to help you or someone you know with any real estate questions, or to acquire or sell properties. IT IS STILL A GREAT TIME TO BUY! We have not seen deals like these in years and interest rates are still great! If you do not wish to receive these e-mails, please send an opt-out message to
andreacahoon@remax.net. Best wishes to each of you during this coming year!
Andrea Cahoon, CDPE, CRS, TCRES, CNHS
RE/MAX Platinum
435-850-8167
Tags: buy a home, Buyers market, home prices, housing prices, salt lake home sales, Salt Lake Home Values, Sell a Tooele Home, tooele county homes, tooele home sales, tooele home values, tooele real estate market, utah home sales
Posted in Buy a House, Homes, Homes for Sale, Housing Market, Real Estate, Sell a House | No Comments »
Saturday, December 11th, 2010
Merry Christmas to All of You!
It is hard to believe that the Christmas season is here! At our house that means birthdays too, so I apologize for getting the report out late as time got away from me! Here are the real estate market summary reports for Tooele and Salt Lake Counties for November. Again, for reference I am including last year’s numbers as well so you can compare them to this year’s.
Tooele County
November 1-30, 2010
Number of Homes Sold: 48
Average Sales Price: $180,178.13
Average Price Per Square Foot: $70.30
Average Days on Market: 124
Tooele County
November 1-30, 2009
Number of Homes Sold: 61
Average Sales Price: $204,050.49
Average Price Per Square Foot: $79.79
Average Days on Market: 102
Tooele County Absorption Rate report shows we have approximately 9 months of inventory.
Salt Lake County
November 1-30, 2010
Number of Homes Sold: 702
Average Sales Price: $242,764.30
Average Price Per Square Foot: $95.60
Average Days on Market: 137
Salt Lake County
November 1-30, 2009
Number of Homes Sold: 1119
Average Sales Price: $232,882.01
Average Price Per Square Foot: $107.91
Average Days on Market: 113
The absorption rate for Salt Lake County is approximately 7 months of inventory.
Let me know if any of you have any questions about this information, or if you have any real estates needs that I can assist you with! If you or anyone you know is having trouble making their house payments, please call me. There are many options available, and I would be happy to help you or your friend work through the tough times that you are facing.
If you do not wish to receive these e-mails, please send an opt-out message to andreacahoon@remax.net. Merry Christmas to you and yours! May the spirit of the season bring you peace and hope!
Andrea Cahoon, CDPE, CRS, TCRES, CNHS
RE/MAX Platinum
435-850-8167
Tags: buy a home, Buyers market, home prices, housing prices, Salt Lake Home Values, Sell a Tooele Home, tooele home sales, tooele home values, tooele real estate market, utah home sales
Posted in Buy a House, Homes for Sale, Housing Market, Real Estate | No Comments »
Monday, November 8th, 2010
Good Afternoon Everyone!
I am sitting here shivering as I write this report…time to break out the sweaters and snow gear. Just for your information, I have completed the course work and passed the exam to earn the Certified Distressed Property Expert (CDPE) designation. If you or anyone you know is having trouble making their house payments, please call me. There are many options available, and I would be happy to help you or your friend work through the tough times that you are facing.
The market has not shown a lot of recovery signs in Tooele yet, but I am hearing reports from across the country that say differently, so the market could be turning around soon. Here are the real estate market summary reports for Tooele and Salt Lake Counties for October. Again, for reference I am including last year’s numbers as well so you can compare them to this year’s.
Tooele County
October 1-31, 2010
Number of Homes Sold: 39
Average Sales Price: $167,780.36
Average Price Per Square Foot: $68.13
Average Days on Market: 152
Tooele County
October 1-31, 2009
Number of Homes Sold: 82
Average Sales Price: $193,586.59
Average Price Per Square Foot: $82.18
Average Days on Market: 119
Tooele County Absorption Rate report shows we have approximately 8 months of inventory.
Salt Lake County
October 1-31, 2010
Number of Homes Sold: 682
Average Sales Price: $245,527.69
Average Price Per Square Foot: $100.84
Average Days on Market: 123
Salt Lake County
October 1-31, 2009
Number of Homes Sold: 1092
Average Sales Price: $238,653.29
Average Price Per Square Foot: $108.37
Average Days on Market: 112
The absorption rate for Salt Lake County is approximately 7 months of inventory.
Let me know if any of you have any questions about this information, or if you have any real estates needs that I can assist you with! If you do not wish to receive these e-mails, please send an opt-out message to
andreacahoon@remax.net. I hope you all have a happy and safe Thanksgiving! Keep warm!
Andrea Cahoon, CDPE, CRS, TCRES, CNHS
RE/MAX Platinum
435-850-8167
P.S. The mortgage rates are still unbelievably low, so if you have enough equity in your home that you can refinance, it is worth looking into. Also, the lower the rates, the more buying power you have, so it is a great time for first time home buyers to jump in the market and buy their first home, and move up buyers to make their move! CALL ME!
Tags: buy a home, home prices, october 2010 real estate market, salt lake home sales, tooele home sales, utah real estate market
Posted in Buy a House, Housing Market, Sell a House | No Comments »
Wednesday, October 13th, 2010
Good Afternoon Everyone!
Fall and footballs are in there air! What a beautiful time of year in Utah. I remember my first fall here when I had to do a double take when the mountain started turning red. Being from Washington State, most of our trees were evergreens and did not do that! Here is the real estate market summary reports for Tooele and Salt Lake Counties for September. Again, for reference I am including last year’s numbers as well so you can compare them to this years.
Tooele County
September 1-30, 2010
Number of Homes Sold: 52
Average Sales Price: $151,250
Average Price Per Square Foot: $69.53
Average Days on Market: 128
Tooele County
September 1-30, 2009
Number of Homes Sold: 67
Average Sales Price: $188,835
Average Price Per Square Foot: $77.12
Average Days on Market: 121
Tooele County Absorption Rate report shows we have approximately 8 months of inventory.
Salt Lake County
September 1-30, 2010
Number of Homes Sold: 695
Average Sales Price: $256,245
Average Price Per Square Foot: $101.31
Average Days on Market: 124
Salt Lake County
September 1-30, 2009
Number of Homes Sold: 969
Average Sales Price: $238,429
Average Price Per Square Foot: $109.88
Average Days on Market: 121
Let me know if any of you have any questions about this information, or if you have any real estates needs that I can assist you with! If you do not wish to receive these e-mails, please send an opt-out message to
andreacahoon@remax.net. THANK YOU!
Andrea Cahoon, CRS, TCRES
RE/MAX Platinum
Tags: home prices, Salt Lake Home Values, tooele home sales, tooele home values, tooele real estate market, utah home sales
Posted in Buy a House, Homes, Homes for Sale, Housing Market, Real Estate, Sell a House | No Comments »
Monday, July 12th, 2010
Hello Everyone!
Summer is finally here! I hope you are all enjoying the beautiful sunshine, yummy watermelon and corn on the cob, and fireworks! Here is June’s real estate market summary for Tooele and Salt Lake counties. I apologize for them being out later than usual, but I just got back from Girl’s Camp and a family reunion which kept me hoppin all of last week, so now I am playing catch up. Here is the report:
Tooele County
June 1-30, 2010
Number of Homes Sold: 72
Average Sales Price: $173,592.21
Average Price Per Square Foot: $72.97
Average Days on Market: 111
Tooele County
June 1-30, 2009
Number of Homes Sold: 75
Average Sales Price: $185,073.16
Average Price Per Square Foot: $86.08
Average Days on Market: 123
Salt Lake County
June 1-30, 2010
Number of Homes Sold: 999
Average Sales Price: $256,302.10
Average Price Per Square Foot: $103.82
Average Days on Market: 116
Salt Lake County
June 1-30, 2009
Number of Homes Sold: 1232
Average Sales Price: $260,445.83
Average Price Per Square Foot: $111.79
Average Days on Market: 126
If any of you have any questions about this report or any other real estate issues, give me a call! I would be happy to help! Mortgage rates seem to still be about where they have been lately, so it is still a great time to buy or refinance! Let me know if a move is in your future or any of your friends and family’s future and I would love to help get you on your way! Have a happy and safe July!
Andrea Cahoon, CRS, TCRES, CNHS
RE/MAX Platinum
435-850-8167
Tags: housing prices, salt lake county real estate market, tooele county homes, tooele county real estate market, tooele home sales, tooele home values, utah home sales
Posted in Buy a House, Homes, Homes for Sale, Housing Market, Real Estate, Sell a House | No Comments »
Tuesday, June 8th, 2010
Wow! I am loving the gorgeous, mild weather we are having. I keep reminding myself that this is Utah, so it could change at any minute! In this past month I have seen both positive and negative changes in the market. The days on market (DOM) seems to be decreasing (yeah!) but so is the average sold price and average price per square foot (boo if you are a seller and yeah if you are a buyer). The number of homes sold in May of 2009 and May of 2010 in Tooele County was exactly the same. We will have to watch closely as the summer selling season is upon us and hopefully we will see a market stabilization! Here are the numbers for you:
Tooele County
May 1-31, 2010
Number of Homes Sold: 57
Average Sales Price: $166,960.32
Average Price Per Square Foot: $70.45
Average Days on Market: 130
Tooele County
May 1-31, 2009
Number of Homes Sold: 57
Average Sales Price: $188,256.23
Average Price Per Square Foot: $85.78
Average Days on Market: 143
Salt Lake County
May 1-31, 2010
Number of Homes Sold: 1178
Average Sales Price: $235,680.60
Average Price Per Square Foot: $103.30
Average Days on Market: 111
Salt Lake County
May 1-31, 2009
Number of Homes Sold: 1014
Average Sales Price: $262,710.59
Average Price Per Square Foot: $108.23
Average Days on Market: 132
I have noticed that 30 year mortage rates are running about 4.8% to 5% right now. I hope you are all enjoying the long summer days with your children! If you have any questions about this report or real estate, please let me know and I would be glad to help in any way I can! Until next month!
Andrea Cahoon, CRS, TCRES, CNHS
RE/MAX Platinum
435-850-8167
Posted in Buy a House, Homes for Sale, Housing Market, MLS, Sell a House | No Comments »
Thursday, May 6th, 2010
Hello to You All! April was a busy month in the real estate market, especially with people scrambling to get a home under contract before the home buyer tax credit expiration date that fell on April 30, 2010. We have seen a large increase in the number of homes sold, but also a continued decline in the sales prices. Here are the numbers for you!
Tooele County
April 1-30, 2010
Number of Homes Sold: 72
Average Sales Price: $174,857.78
Average Price Per Square Foot: $72.77
Average Days on Market: 123
Tooele County
April 1-30, 2009
Number of Homes Sold: 57
Average Sales Price: $187,454.35
Average Price Per Square Foot: $86.46
Average Days on Market: 130
Salt Lake County
April 1-30, 2010
Number of Homes Sold: 1026
Average Sales Price: $236,860.27
Average Price Per Square Foot: $98.91
Average Days on Market: 121
Salt Lake County
April 1-30, 2009
Number of Homes Sold: 867
Average Sales Price: $251,948.65
Average Price Per Square Foot: $100.38
Average Days on Market: 132
Enjoy the sun and longer days and if you or anyone you know needs help with their real estate needs, give me a call! I would be happy to help however I can! Have a fabulous May!
Andrea Cahoon, RE/MAX Platinum 435-850-8167
Posted in Buy a House, Homes, Housing Market | No Comments »
Tuesday, February 9th, 2010
Happy Valentine’s Day!
We are still seeing a market stabilization taking place in the Tooele and Salt Lake county markets. Though the numbers show things are still down from last year, the don’t seem to be going down much from the previous month. As the weather begins to improve, I believe our market will too! Here is the information from last month’s real estate transactions:
Tooele County:
January 1- 31, 2010
Number of Homes Sold: 35
Average Sales Price: $163,801
Average Price per Square Foot: $68
Average Days on Market: 85
January 1- 31, 2009
Number of Homes Sold: 37
Average Sales Price: $173,773
Average Price per Square Foot: $81
Average Days on Market: 83
Salt Lake County
January 1- 31, 2010
Number of Homes Sold: 493
Average Sales Price: $263,969
Average Price per Square Foot: $101
Average Days on Market: 88
January 1- 31, 2009
Number of Homes Sold: 444
Average Sales Price: $270,296
Average Price per Square Foot: $103
Average Days on Market: 83
If you have any suggestions for information that you would like to see added to this summary, please send them my way at andreacahoon@remax.net . You may also visit my blog at http://inside-real-estate.com/andreacahoon for old market summaries, and new information. I appreciate all of your support and business. If any of you need assistance with your real estate transactions, please give me a call and I would be happy to help you. As always, if you do not wish to receive these monthly reports, please e-mail an opt-out message to andreacahoon@remax.net and I will remove you from my e-mail list.
Andrea Cahoon, CRS, TCRES
RE/MAX Platinum
435-850-8167
Tags: home prices, tooele home sales, tooele home values, tooele real estate market
Posted in Buy a House, Housing Market, Sell a House | No Comments »